WeAAsles
Veteran
- Joined
- Oct 20, 2007
- Messages
- 28,409
- Reaction score
- 5,379
Yes...gas was high for a few months in 2022. But it came down in 2023 and 2024. And I am paying more today than I was in 2023 and 2024, which were also years when Biden was president. And yes....in 2025, gas was even lower. But since the end of February, the price of gas here (which was never close to $5) started going back to levels I was paying in 2023...which is a year that Biden was president.
Everything today is just one quick AI search query.
Based on data through early 2026, gasoline prices have fluctuated significantly under both administrations, often driven by global market forces, pandemic-related demand changes, and geopolitical events.
Gas Prices Under Donald Trump (First Term: 2017–2021)
- Average Prices: Gasoline prices were relatively stable and generally lower, averaging roughly $2.57 per gallon over his term.
- Low Point: Prices dropped significantly in 2020 to their second-lowest level since 2004, driven by the COVID-19 pandemic causing a massive drop in demand, with some states seeing prices below $2 per gallon.
- Energy Trends: Trump focused on maximizing domestic production to achieve energy independence.
Forbes +2
- Average Prices: The average price during Biden's term was higher than in the preceding term, calculated around $3.60 per gallon.
- High Point: Prices peaked at an all-time high of roughly $5.01 per gallon in June 2022, following Russia's invasion of Ukraine, which affected global supply.
- Factors: Rising demand following pandemic re-openings, coupled with supply chain constraints and geopolitical tensions (e.g., Russia-Ukraine), pushed prices up, leading to the largest release from the national emergency reserve in history.
Forbes +2
- COVID-19 Impact: Trump’s lower prices were heavily influenced by the 2020 oil market collapse during the pandemic.
- Recovery and War: Biden's higher prices were driven by the rapid post-pandemic recovery and the Russia-Ukraine war.
- Initial Trends: Oil prices began to rise in the latter half of 2020 and throughout 2021 as demand recovered and supply lagged, continuing a trend that started before Biden took office.
- Recent Trends (2026): As of March/April 2026, gas prices were again high (nearing $4 per gallon) amid conflicts in the Middle East.
Fox News +4